49 Fourth Street, Toronto W06

Price: $3,400

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W12823488

2-Bedroom Bungalow Near the Lake for lease! Nestled in a peaceful neighborhood, this delightful 2-bedroom, 2-bathroom detached bungalow is perfect for those seeking tranquility and convenience. Just a short stroll from the lake, the home offers serene living with easy access to nature. The bright eat-in kitchen opens to a large deck, ideal for outdoor entertaining or enjoying quiet mornings with a coffee. The spacious basement provides endless possibilities, from a cozy family room this home checks all the boxes. Don't miss your opportunity to lease this gem.

49 Fourth Street - Detached photo 1 of 18 in Liberty Village / Parkdale / South Parkdale, Ontario
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$3,400/mo - 49 Fourth Street, Liberty Village

Detached for Rent in Liberty Village

108 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W12823488
Property Type
Detached
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

2-Bedroom Bungalow Near the Lake for lease! Nestled in a peaceful neighborhood, this delightful 2-bedroom, 2-bathroom detached bungalow is perfect for those seeking tranquility and convenience. Just a short stroll from the lake, the home offers serene living with easy access to nature. The bright eat-in kitchen opens to a large deck, ideal for outdoor entertaining or enjoying quiet mornings with a coffee. The spacious basement provides endless possibilities, from a cozy family room this home checks all the boxes. Don't miss your opportunity to lease this gem.

Neighbourhood Guide: Liberty Village / Parkdale / South Parkdale

Discover Liberty Village / Parkdale / South Parkdale

Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Liberty Village / Parkdale / South Parkdale

  • Convenient location in Liberty Village / Parkdale / South Parkdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

49 Fourth Street, Liberty Village / Parkdale / South Parkdale

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,400/mo
↑ Above typical 2-bed market rent
Annual Rent Cost
$40,800
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,400/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$3,530/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Above Market Rent

At $3,400/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Liberty Village. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Liberty Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

Let's Walk Through It Together

Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.

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    49 Fourth Street | $3,400 | Battaglia Team